Hedera One Day Trading Volume Tops $80.61 Million (HBAR)

Hedera (HBAR) traded 1.9% lower against the dollar during the 1 day period ending at 16:00 PM Eastern on May 8th. One Hedera coin can currently be bought for about $0.11 or 0.00000175 BTC on cryptocurrency exchanges. Hedera has a total market cap of $3.88 billion and approximately $80.61 million worth of Hedera was traded on exchanges in the last day. In the last week, Hedera has traded 6% higher against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $34.45 or 0.00055450 BTC.
• NEAR Protocol (NEAR) traded 5.6% lower against the dollar and now trades at $6.94 or 0.00011162 BTC.
• Internet Computer (ICP) traded 3.9% lower against the dollar and now trades at $12.20 or 0.00019644 BTC.
• Cosmos (ATOM) traded down 0.3% against the dollar and now trades at $9.20 or 0.00014813 BTC.
• Cronos (CRO) traded down 0.5% against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Fetch.ai (FET) traded down 9.4% against the dollar and now trades at $2.19 or 0.00003518 BTC.
• Algorand (ALGO) traded 2% lower against the dollar and now trades at $0.19 or 0.00000308 BTC.
• Akash Network (AKT) traded down 7.4% against the dollar and now trades at $4.36 or 0.00007002 BTC.
• Kava (KAVA) traded 0.5% lower against the dollar and now trades at $0.66 or 0.00001070 BTC.
• Theta Fuel (TFUEL) traded down 0.8% against the dollar and now trades at $0.11 or 0.00000175 BTC.

Hedera Profile

Hedera (CRYPTO:HBAR) uses the hashing algorithm. Its launch date was August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 35,738,891,043 coins. The official message board for Hedera is hedera.com/blog. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. The official website for Hedera is www.hedera.com. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 35,738,891,042.86511 in circulation. The last known price of Hedera is 0.10631132 USD and is down -4.59 over the last 24 hours. It is currently trading on 261 active market(s) with $85,800,053.10 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

It is usually not possible to buy alternative cryptocurrencies such as Hedera directly using U.S. dollars. Investors seeking to trade Hedera should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hedera using one of the aforementioned exchanges.

HBAR/USD price chart by TradingView